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Daily Archives: January 16, 2021

Breaking: Nigeria sets new record, posts highest COVID-19 cases

Nigeria sets a new COVID-19 record on Friday, posting its highest infections in a single day, with Lagos, Plateau and Abuja taking huge lead. Figures from the Nigerian Centre for Disease Control, NCDC, on Friday showed that the nation reported 1,867 new cases. Nigeria’s 1,664 cases posted on 7 January, 2021 was the highest the nation reported in a single …

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Buhari in petrol subsidy quagmire: Landing cost overtakes pump price

The Buhari administration is now caught in a policy quagmire over whether petrol subsidy should be resumed or allow the market to determine the price. As far as the administration is concerned, the subsidy regime has ended, so as to free cash for other social and economic needs of Nigerians. However, the recent rise in crude oil prices to about …

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Elumelu’s Heirs Holdings buys out Shell, ENI, Total in OML 17

Tony Elumelu’s Heirs Holdings has expanded the group’s energy portfolio with the unconditional acquisition of 45 percent stake in OML 17. The company acquired the stake, through TNOG Oil and Gas Limited from multinationals Shell and their joint venture parties, Total and Eni. Heirs Holdings announced the transaction today, saying it is one of the largest oil and gas financings …

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Tragedy: Six siblings, nine others perish in Edo accidents

Two separate auto crashes that occurred on Friday in Arue-Uromi and Agbede, in Edo State have claimed 15 lives, including six siblings. The Arue-Uromi accident reportedly provoked anger, tears and sorrow, as the six casualties involved, four girls and two boys, were said to be children of the same family. It was however not clear how exactly the accident occurred. …

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Sanwo-Olu approves re-opening of all Lagos schools Monday

The Lagos State Governor, Babajide Sanwo-Olu has approved that all public and private schools in Lagos State below tertiary level should resume on Monday for the second term of 2020/2021 academic session. Commissioner for Education, Mrs Folasade Adefisayo conveyed the governor’s approval on Friday, noting that this is in line with the Federal Government’s resolution after reaching a consensus with …

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NDDC: Malami opens up on collecting bribe from Akpabio

The Attorney General of the Federation and Minister of Justice, Abubakar Malami, (SAN) has denied the allegation that he collected gratification from the Minister of Niger Delta Affairs, Godswill Akpabio in respect of the appointment of a Sole Administrator for the NDDC. Malami made the denial in a statement issued by Dr Umar Gwandu, his Special Assistant on Media and …

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Buhari shocked over death of Sultan of Sokoto’s brother

President Muhammadu Buhari has expressed shock over the death of Alhaji Abdulkadir Jeli Abubakar, Dikkon Sokoto, the Commissioner of Home Affairs in Sokoto State and younger brother of the Sultan of Sokoto, Alhaji Sa’ad Abubakar III. In a condolence message to the Sultan on Friday, the President said he received with great shock and profound sadness the death Abubakar. “I …

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